IT · Europe ↔ GB · Europe

Italy vs United Kingdom: tax rates compared

Between the two, Italy's income tax rate (47.2%) tops United Kingdom's (45%) by 2.2pp. The 37-country average is 43.2%: both sit above it.

Verified data covers four of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Income Tax

0102030405060World avg 43.2%IT 47.2%GB 45%
Income Tax, side by side
CountryRateSource
Italy47.2%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
United Kingdom45%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference+2.2 ppItaly higher

Corporate Tax

0102030405060World avg 22.6%IT 27.8%GB 25%
Corporate Tax, side by side
CountryRateSource
Italy27.8%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
United Kingdom25%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+2.8 ppItaly higherlargest gap on this page

Between the two, Italy's corporate tax rate (27.8%) tops United Kingdom's (25%) by 2.8pp. The 201-country average is 22.6%: both sit above it.

VAT

0102030405060World avg 19.2%IT 22%GB 20%
VAT, side by side
CountryRateSource
Italy22%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
United Kingdom20%Source: OECD Tax Database — VAT/GST standard rates · as of 2023-09-01
Difference+2 ppItaly higher

Between the two, Italy's VAT rate (22%) tops United Kingdom's (20%) by 2pp. The 37-country average is 19.2%: both sit above it.

Wealth Tax

0102030405060World avg 0.1%IT 0%GB 0%
Wealth Tax, side by side
CountryRateSource
Italy0%Source: Agenzia delle Entrate — IVIE, base imponibile e aliquota · as of 2024-01-01
United Kingdom0%Source: PWC Worldwide Tax Summaries — United Kingdom (Individual, Other taxes) · as of 2025-12-24
Difference0 ppdisplayed rates match

There's no gap here — Italy and United Kingdom both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Italy's figure is dated 2024-01-01 and United Kingdom's 2025-12-24, so the two rates come from different data vintages.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.